10113. Bank of Caplinger Mills (Caplinger Mills, MO)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
September 20, 1929
Location
Caplinger Mills, Missouri (37.794, -93.804)

Metadata

Model
gpt-5-mini
Short Digest
a81e8df0

Response Measures

None

Description

The bank closed/suspended operations after the First National Bank of Eldorado Springs (its correspondent) was closed; articles report the board closed the bank but state it was in good condition and depositors would be paid in full, implying a temporary suspension with intent to reopen.

Events (2)

1. September 20, 1929 Suspension
Cause
Correspondent
Cause Details
Had $11,300 on deposit at the First National Bank of Eldorado Springs, which was closed; as a result the board of the Caplinger Mills bank closed the institution.
Newspaper Excerpt
BANK IS SUSPENDED AT CAPLINGER MILLS ... The Caplinger Mills bank had $15,000 deposits and $37 280 loans according to last ...
Source
newspapers
2. September 26, 1929 Other
Newspaper Excerpt
Bank of Caplinger Mills Closed Last Friday. ... The closing of the Caplinger bank was due to the fact that it had $11,300 in the First National Bank here being closed by its board of directors ... The bank is in good condition ... and the depositors will be paid in full.
Source
newspapers

Newspaper Articles (2)

Article from Springfield Leader and Press, September 20, 1929

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Article Text

ING Every SPF VEALS STEADY; RECEIPTS LIGHT New York Stocks Open and Close WHEAT VALUES HAVE SETBACK .Heavy Rains Over District Slow Trading; Most Values Firm Trading coupled with porkers top values nothing done ANNOUNCE SPINDLE HOURS August WILLIAMS New York Curb Better Weather Prevailing in Crop Areas, Declines Set in JOHN BOUGHAN Press Faced by late dealings are taken that the bottom Close Cotton NEW YORK Bonds Liberty Motors Ford Cities Service by Christopher stock Landers Phone EDSC RAILS SUB Canadian Alton Island Northern 101% Valley Missouri the York 200 Pacific Southwestern under mostly provisions Texas on under Pacific Australia and moisture Western the time more and outlook as Refining Receipts Asphalt markets close being draggy of wheat from America was few be on 950 Grain it Phillips and 950 and Union Close common and and May good Texas Corp choice and 15. cull and all and good and 1.05% market steady lambs Pierce lambs Commercial 58% MOTORS common $7 choice Motors Auburn Motor kinds Truck mixed M and cutter Bearing Am. Car good Steel classes Jambs Works LEAD Joseph Am Sugar Andes YORK 126 89% YORK Open DEATHS stock Porto TOBACCO who points 23 was RUBBERS October U. Rubber Metals for ROSE Air of he sur her he by hav did Cities Service home Arl rec Perferred BANK IS SUSPENDED Baking AT CAPLINGER MILLS 45% at ates JEFFERSON CITY Sept. National Bank Mills of Caplinger an Cedar of Bakery closed its board of L finance was The Texas Carb to the due the fact Pipe bank $11,300 of funds in the First National bank of Eldorado Pictures Springs. which was closed yesterday the was inand The Caplinger Mills bank had J. Am $15,000 deposits and $37 280 loans according to last HAYWARD BARNETT Barnett statement It the 12th state bank to close this year. Two years after China invented bank the currency of the counBarnett that $100 of would not pound of


Article from The El Dorado Springs Sun, September 26, 1929

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Article Text

Bank of Caplinger Mills Closed Last Friday. As a result of the First National Bank here being closed by its board of directors last Thursday, the Bank of Caplinger Mills, eighteen miles southeast of El Dorado Springs, closed its doors Friday, and S. L. Cantley, state finance commissioner at Jefferson City was notified. The closing of the Caplinger bank was due to the fact that it had $11,300 in the First National Bank, and its board of directors immediately closed the institution. The Caplinger bank had $15,000 capital, $39,512 deposits and $37.- statement. Following the closing, it is understood that the board of directors open it. The bank is in good condition, it is said. and the depositors will be paid in full.